All Coronavirus articles
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IT InterviewABI’s Huw Evans says ‘unpopular’ stance around BI Covid claims was the right call
He adds that the trade body was ‘right to be very open with people’ in order to mitigate ‘a false expectation that they may be covered’
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Latest News
Fiducia teams up with Lloyd’s syndicates to offer NBCR cover
The standalone policy, targeted at regional brokers, aims to provide a cost-effective solution to limited Pool Re cover
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Latest News
Credit insurers saved from colossal Covid losses due to state support
Ratings agency predicts that demand for trade credit insurance will increase in the medium to long-term, as SMEs and corporates realise the value of cover in the wake of Covid-19
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Latest News
General insurance direct written premium set to fall by 1.7% in 2020 due to Covid-19
The lasting effects of the coronavirus crisis means that GI DWP will not return to previous levels until beyond 2023, predicts analytics company
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Latest News
Construction sector insurance premiums sees ‘turbo charged’ increase since lockdown
As the construction industry sees premiums soar significantly since lockdown, Mactavish emphasises the importance for construction firms to review their insurance programmes as renewals approach
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Features
Covid-19 pandemic has created ‘an opportune market for ghost brokers’
Industry experts assemble for Insurance Times’ s latest virtual Fraud Charter roundtable, identifying the key fraud trends that have emerged as a result of the coronavirus outbreak
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Latest News
Ageas sees COR improvement as result of reduced motor claims
Ageas remains committed to its staff, stakeholders and customers despite the uncertainty of the pandemic as it sees improvements in its COR, as well as GWP in household
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Aviva commits to provide risk management support to brokers in wake of pandemic
The insurer’s chief sales and marketing officer says this resource is particularly pertinent for brokers looking to help their hospitality sector clients
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Irish regulator mirrors FCA by publishing supervisory framework to clarify Covid BI claims
The Central Bank of Ireland ‘expects firms to adopt a customer first approach to the resolution of business interruption issues’
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Aviva pays Covid-19 BI claims under broker wordings despite ‘not covering pandemics’
Amanda Blanc confirms that the insurance industry has ‘some work to do’ in order to bounce back from the reputational onslaught resulting from the FCA’s test case on business interruption wordings
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Features
Insurtech Digital Risks reveals SME plans after rebranding as Superscript
As the SME landscape has shifted due to the Covid19 pandemic, Superscript formerly known as Digital Risks has rebranded to serve the needs of these businesses more closely, here the insurtech reveals its plans to Insurance Times
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IT Interview
Aviva’s H1 personal lines figures are a ‘disappointing result in every respect’ says Holmes
The insurer’s UK general insurance chief executive also admits that Aviva is paying some Covid-related business interruption claims where they fall under broker wordings and coverage is clear
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Latest News
Aviva plans to have 10% of staff in physical offices come September
The company’s chief executive confirmed to journalists this morning that Aviva is exploring its return to work plan, despite the success of home working
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Blanc says there ‘may be better owners’ for Europe and Asia business amid UK investment
In a briefing call with journalists, Blanc outlined a three-pronged strategy to unlock Aviva’s ‘enormous potential’, including being ‘selective about where we participate’
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Covid-19 pandemic impacts AXA’s underlying earnings
Despite the Covid-19 pandemic AXA said its “well positioned” as a group and remains resilient in these challenging circumstances
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Aviva takes substantial hit from Covid-19 claims
Pandemic-related claims had a significant impact on the insurer’s interim results
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Direct Line exploring inorganic growth via partnerships and acquisitions
The insurer’s H1 results for 2020 were better than expected as it reinstated its dividends, and now it plans to expand its reach through partnerships and acquisitions
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Latest News
Hastings ‘very pleased’ with share capital offer from investors
The deal recognises the ‘inherent value in the company’ adds Hastings’s group chief financial officer
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IT Interview
Covid-19 claims inflation expected for 2020 H2, says Hastings’s Worth
The firm’s group chief financial officer explained that increased claims severity seen in H1 could continue due to the national uncertainty surrounding the coronavirus pandemic
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Online only
Plunging motor claims sees significant improvement in Direct Line loss ratio
The insurer’s attritional loss ratio in motor improved by 17.9 percentage points therefore it has reinstated its dividends that it previously halted in April, however it remains cautious given the uncertainty of the pandemic
